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Sep 28, 2012
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government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade is under way so accelerating yields or could be share holder pain. casual dining this year's drought is about to become next year's commodity head wind. in the burger wars value appetizing will increasingly be pitched against expensive remodeling possibly hurting everybody they say in the industry. that's a q 4 t and l check. i'm simon hobbs. >> amazon is planning an online market place for wine sales, the second attempt at selling wine to consumers after problems with a partner prompted it to end the first attempt three years ago.
government per diems aren't helping. business travel needs to lift hotel occupancy through the election and actually in response to it. that will also be critical for next year's corporate rates for the likes of marriott and intercontinental about to thrash out for the hotels that they service. incidentally those two stocks are up 30% and 40% so analysts say be careful. the reits that hold the hotels will likely trade more properties. we'll follow on offerings for investors. and the hope trade...
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Sep 26, 2012
09/12
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. >> that was incentive by the government. the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with community reinvestment act, freddie and fannie. the impact on decision makers, a lot of books written by congress that don't really understand what the impact of regulations have on people trying to make decisions. if somebody threatens to put you in jail, closes your bank down, you're going to do things that you may have a lot of discomfort with. and this is something joe would be interested in. i talk a lot about philosophy. bb & t did better than any other institution. all of our management, and ano
. >> that was incentive by the government. the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the...
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Sep 28, 2012
09/12
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i see government workers not as bad people, but they're in the wagon. you got to have more people pulling the wagon. i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already enr
i see government workers not as bad people, but they're in the wagon. you got to have more people pulling the wagon. i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but...
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Sep 26, 2012
09/12
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government is failing us as a whole. it's the institution of government. and i mentioned self-inflicted political uncertainty. let me make a quick point. we've had three major political uncertainties not additives, but, in fact, multiplying each other and a fourth looming. the debt ceiling debate last year sent us in to a spiral. the discussion out of europe and the lack of a solution on the sovereign debt issue amplified the spiral. the chinese handover, which is not going well is causing an economic slowdown, almost freefall over there. those three things are amplifying economic events, causing business to not invest. and therefore in the united states, this looming fiscal cliff is the fourth data point that's a multiplier. you put all that together, that is a failure of politics. in essence, you know, whichever president it is and whichever congress it is, they're not working out solutions. >> that's where i was going to go. because, you know, whichever president matters a whole lot. i just want to ask your personal view. i've known you a long time. mr.
government is failing us as a whole. it's the institution of government. and i mentioned self-inflicted political uncertainty. let me make a quick point. we've had three major political uncertainties not additives, but, in fact, multiplying each other and a fourth looming. the debt ceiling debate last year sent us in to a spiral. the discussion out of europe and the lack of a solution on the sovereign debt issue amplified the spiral. the chinese handover, which is not going well is causing an...
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Oct 3, 2012
10/12
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>> the government. hiring more bureaucrats taking many from the apples, microsoft and oracles of world that are expanding the pie, creating opportunities -- >> but he's also got to say something about spending. in many cases spending cuts are more important than tax cuts in this debate. he's going to talk spending. you know that jim lehrer, who is very good at this, is going to ask romney for specifics on this. what are the specifics on spending cuts? we've not heard them. >> we know where the problems are in the federal budget. medicare is responsible for a quarter of the federal debt in the last ten years. i have a plan to take action and get that under control. the president doesn't. if you look at his budget, they are a recipe for middle-class tax hikes. you cannot spend that kind of money without taxing the middle class. it's arithmetic, it's not politics. one of the things that governor romney has to do tonight is make the president own his record. his record's very unpopular. his policies are ver
>> the government. hiring more bureaucrats taking many from the apples, microsoft and oracles of world that are expanding the pie, creating opportunities -- >> but he's also got to say something about spending. in many cases spending cuts are more important than tax cuts in this debate. he's going to talk spending. you know that jim lehrer, who is very good at this, is going to ask romney for specifics on this. what are the specifics on spending cuts? we've not heard them. >>...
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Oct 1, 2012
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the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful lot of money sitting on the seed lines us a was noted back in an article back in july/august. almost 44% of the total value is held at cash in company coffers. this money needs to get spent. needs to get spent expenditures, hiring new staff. sitting in the bank is not helping anybody. >> who is spending shall steel makers, equipment makers more gloom about business conditions, sentiment deteriorating sharply. they expect domestic demand to falter, as well. in that mood, they won't be spending anymore money, are they? >> well, again, as the survey had indicated, some of the larger manufacturers are amongst the m
the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful...
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Sep 27, 2012
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we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to preempt conditionality by having extreme austerity. we're talking about possibly getting cuts as much as 30% in agriculture, public works and infrastructure. across the board, and there are real concerns that far from being the remedy this could entrench the recession and make it harder for this country to pull itself out of the mire because there are a lot of things that government doesn't control. it doesn't control the regional budgets of places such as a andalucia and catalonia and the other. of course we had a banking sector crisi
we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to...
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Oct 3, 2012
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that lack of dollars means massive inflation, one of the chief reasons why governments fall. >> and brian, you were weighing in saying it is not just what is going on in iran but layer in the tensions between syria and turkey and that puts another level into the mix. >> the reason why this is important to a u.s. investor is because it has to do with oil. it is clear that the u.s. and saudi arabia have this plan of pumping as much oil as they can and it is starting to watch. now you have to think what happens if there is a regime change. so as a u.s. investor that is great for the u.s. economy. that is great for u.s. stocks. what has to happen in the u.s. market is oil has always been this traditional leading indicator in the economy. if oil is up that means there is lots of demand and that is great. >> let's look at the oil picture. we did see oil breaking below $88. how could a regime change in iran impact oil? joining us is the king of commodities himself. you can take a look at wti. it doesn't seem like it is reflecting the tensions or would we be even lower if we didn't have them? >>
that lack of dollars means massive inflation, one of the chief reasons why governments fall. >> and brian, you were weighing in saying it is not just what is going on in iran but layer in the tensions between syria and turkey and that puts another level into the mix. >> the reason why this is important to a u.s. investor is because it has to do with oil. it is clear that the u.s. and saudi arabia have this plan of pumping as much oil as they can and it is starting to watch. now you...
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Sep 25, 2012
09/12
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>> i this i there's no question that this is a mandate on whether you think government needs more tax dollars right now or we need to address the situation of the spending and n inc incurrence of more debt. we need to find a way to come together and have to act like folks do and their families and businesses and say normal reasonable people can disagree but let's find ways to work together and set aside those disagreements. >> if the president is reelected, how do you work with him and what is the proposal that's put on the table to try and move forward at some point? >> again in the hypothetical, if the president is reelected, i do think that he said he's not signing a bill that will keep taxes and the rates where they are. now we'll have to see what kind of sort of growth in revenue that he is talking about, and what form that's going to take. i think mitt romney has said all along, too, that in tax reform, we want to wring down rates for everybody, but he's also said he wants to close the loopholes. >> he said he'll work with congress to figure out what that is. >> that's been the
>> i this i there's no question that this is a mandate on whether you think government needs more tax dollars right now or we need to address the situation of the spending and n inc incurrence of more debt. we need to find a way to come together and have to act like folks do and their families and businesses and say normal reasonable people can disagree but let's find ways to work together and set aside those disagreements. >> if the president is reelected, how do you work with him...
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Oct 1, 2012
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we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp. we're working to fuel america for generations to come. today, our commitment to the gulf, and to america, has never beenonger. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ . >> three months after supreme court justice moved to the right and passed obama care. pete williams has some details. >> reporter: larry, this is shaping up to be a court term dominated by civil rights beginning with a case that will be argued next week on affirmative action, colleges nationwide use it believing that a more racially diverse campus provides a bett
we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp....
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Sep 26, 2012
09/12
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european governments are not dealing with their economic problem. it's so frustrating to watch the ecb do everything right in terms of protecting the banks and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show. >> something of a side show. until they either come up with the austerity or -- something's got to give, right? >> because it doesn't disrupt the u.s. economy. the u.s. economy is still growing. our exports to europe are only a very small part of our gdp. the housing market recovery is much more important to the improvement of wealth. we're seeing some improvement of confidence. we're seeing rising home prices. all these are more important to the united states than what's going on in europe. >> mark, how do you see it? you invested in europe these days or no? >>
european governments are not dealing with their economic problem. it's so frustrating to watch the ecb do everything right in terms of protecting the banks and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show....
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Oct 2, 2012
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the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which hardly ever works. >> eliot spitzer lost every single thing. there is nothing worse than eliot spitzer. where does he come off? >> here is jp morgan stepping up to the plate and they buy bear sterns and the whole mortgage portfolio that they had. where do they come off suing jp morgan? >> if you want to go after the dumb trades go after the individuals in bear sterns? why sue the whole individuals of bear morgan? >> it is going to go well beyond what is happening right now. obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. t
the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which...
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Sep 25, 2012
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he doesn't want to be writing checks to the foreign governments. he wants a more sophisticated interplay. that was where he was going with this. but he cited the initiative as the model that he would like to pursue. he said what bill clinton has done is a model for how far rin policy can go. many thanks. >> let's get right to our guests. retired four star general. general mccaffery, can i get your take on something, iran saying they have a big missile test and is this bs or is it real? >> i think they are trying to project eemense military power. i do think they have the batteries to close down the gulf for any kind of confrontation. military force is not the option in the gulf. >> but you could surmise that they were taking this test. because ahmadinejad was talking on the news yesterday. normally they would show us pictures. i'm skeptical, did anything happen at all or is this off the radar screen, nothing, zero? >> they have constructed a m missile industry and a lot of it was the russian defecting scientist. this is a third tier military power.
he doesn't want to be writing checks to the foreign governments. he wants a more sophisticated interplay. that was where he was going with this. but he cited the initiative as the model that he would like to pursue. he said what bill clinton has done is a model for how far rin policy can go. many thanks. >> let's get right to our guests. retired four star general. general mccaffery, can i get your take on something, iran saying they have a big missile test and is this bs or is it real?...
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Sep 25, 2012
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you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of november because of the different things with the defense department and where they're going to be at as far as cuts go. we'll get an indication what's going to happen. i think we'll have to wait until the election is over and done with and we'll get clarity for the future of the markets. >> i really like the fact you're looking at this whole dividend issue. we've been talking about the fiscal cliff a lot on this program. do you really think these guys are going to allow dif vidend taxes to go to 43%? >> they think hthis is a bunch f wealthy peo
you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are...
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Sep 25, 2012
09/12
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they need help from other government entities. other government entities are literally on strike. they're not coming in. so the fed is involved, but the expectations are so high that the fed is not going to be able to deliver on economic outcomes. >> how does that play out? what does that mean won't be able to deliver economic outcomes? >> it means we'll see them engage more and more. yes, we've seen qe-1, qe-2. we will see even more with the hope that at some point the fed would have ended up providing a bridge for other entities. if they don't, the investment theme is going to go from betting on the fed liquidity to positioning for the collateral damage that the fed will create. >> are you expecting a sizable decline in this market in the next couple of months, and how do you invest around that if you are? >> a lot will depend as to whether the tail winds come back in. the reason why the market has done so well is that the risk of a recession in the u.s., the risk of recession in europe has been removed by the central banks. that's why the markets have done so well and rightly s
they need help from other government entities. other government entities are literally on strike. they're not coming in. so the fed is involved, but the expectations are so high that the fed is not going to be able to deliver on economic outcomes. >> how does that play out? what does that mean won't be able to deliver economic outcomes? >> it means we'll see them engage more and more. yes, we've seen qe-1, qe-2. we will see even more with the hope that at some point the fed would...
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Sep 26, 2012
09/12
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long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents al
long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at...
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Sep 26, 2012
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i don't know where they will get the money for that and more government regulation reform in addition to what's happening in the labor markets. earlier today, two capitols suffering violence. athens as well this morning. we saw people rioting in the streets there as well. teargas being thrown by the police. molotov cocktails thrown by protesters. once again trying to disperse crowds there as they protest another round of salary cuts, job losses, taxes as well as they continue to try to balance their budget. sue, it's always a struggle. the more austerity measures they do, the less tax revenue they bring in and it gets harder to balance the budget. >> it's a vicious cycle. simon is in on the conversation as well. we saw reaction to the down side in the european markets. our markets have been resilient to it. i find that curious. if this was a year ago it would have been a different story. >> it's important that wall street is unmoved. given that michelle laid it out as she has i would frame it differently and say this is classic profit-taking in europe after a stunning rally. it's two
i don't know where they will get the money for that and more government regulation reform in addition to what's happening in the labor markets. earlier today, two capitols suffering violence. athens as well this morning. we saw people rioting in the streets there as well. teargas being thrown by the police. molotov cocktails thrown by protesters. once again trying to disperse crowds there as they protest another round of salary cuts, job losses, taxes as well as they continue to try to balance...
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Sep 25, 2012
09/12
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a long way to government seventh inning in terms of the anxieties. they think the anxieties are in seventh. the solutions are way behind, but the people are -- their anxiety is ahead of the solutions to come. >> feels like this european game has some way to played an could be talking about it this time next year. thank you very much, rick. thank you very much, michelle, for working the phones as well. >>> all right. moving on, caterpillar raising a red flag on china today and sellers taking a chunk out of that stock. the company is cutting its 2015 earnings forecast because of slower-than-expected economic recovery. cat tracker says equipment sales in australia and china were among areas of concern and many people seem to be cheering a china slow down, perhaps in the hopes it will help the american recould have environment that a dangerous way to think? another way, a simpler way, do we need china more than we know? let's ask the author of "what the u.s. can learn from china" and peter navarre row, economist and director of the film "death by china"
a long way to government seventh inning in terms of the anxieties. they think the anxieties are in seventh. the solutions are way behind, but the people are -- their anxiety is ahead of the solutions to come. >> feels like this european game has some way to played an could be talking about it this time next year. thank you very much, rick. thank you very much, michelle, for working the phones as well. >>> all right. moving on, caterpillar raising a red flag on china today and...
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Sep 28, 2012
09/12
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having worked in government the chain of command is important. the higher up you get the more important it becomes i say it goes susan rice, hillary clinton and then next up obama. the buck stops at the white house. look, the argument they have been making -- you know this better than i do, the argument they have been making is having killed osama bin laden al qaeda is no longer a problem. oops. this was an al qaeda terrorist plot, pre-planned an security breakdown on top of that. is that what they are trying to hide for this political election campaign? >> i believe so. they have invested so much in the notion that the president was coming in and change the relationship with that part of the world. osama bin laden was dead so we could slash defense and pull out of afghanistan early and leave iraq entirely and now the narrative is in tatters. they had a huge personal political interest in maintaining that narrative. it was wrong to begin. it is wrong now and the president himself, even the day after his own director of counterintelligence, matthe
having worked in government the chain of command is important. the higher up you get the more important it becomes i say it goes susan rice, hillary clinton and then next up obama. the buck stops at the white house. look, the argument they have been making -- you know this better than i do, the argument they have been making is having killed osama bin laden al qaeda is no longer a problem. oops. this was an al qaeda terrorist plot, pre-planned an security breakdown on top of that. is that what...
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Oct 3, 2012
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she says the iranian government is to blame for the currency crash in that country. she is likely referring to the government's nuclear weapons program that has brought on harsh international sanctions. as mandy and michelle talked about, the iranian currency has absolutely collapsed and the situation getting more desperate in tehran. >>> well, here we are less than seven hours away from president obama and mitt romney squaring off in the first of three presidential debates. there's been a lot of talk that the market is already pricing in an obama re-election. in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i think a romney win is great for stocks. at least the psychology will be two things. first, first cal conservati first, fiscal conservative coming in 2013 to help with grow
she says the iranian government is to blame for the currency crash in that country. she is likely referring to the government's nuclear weapons program that has brought on harsh international sanctions. as mandy and michelle talked about, the iranian currency has absolutely collapsed and the situation getting more desperate in tehran. >>> well, here we are less than seven hours away from president obama and mitt romney squaring off in the first of three presidential debates. there's...
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Sep 27, 2012
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yes, you have to spend money on government. look at the union crisis in the nfl. it's like it's a problem if it hits something that people care about. well, union refs tend to be better than nonunion refs for a lot of reasons that we don't have the time to get into, and, yes, supporting our men and women in un for him, our firefighter, our police officers and our teachers, i would call that patriotism. >> actually i like that term economic patriotism. it's a term mitt romney should be using. for example, i have always said on this show i don't think it is patriotic to support a 35% corporate income tax. >> there you go. >> that is making america uncompetitive and shipping jobs overseas. so let's get together on the economic patriotism and get that corporate tax rate and personal income tax rate stopped. >> why is it patriotic, phil, i'll give you the last word, why is it patriotic to give state and local government unions who are already bankrupting a half a dozen states around the country, why is it that pat yoriotic all a sudden? >> it sounds like a formula for
yes, you have to spend money on government. look at the union crisis in the nfl. it's like it's a problem if it hits something that people care about. well, union refs tend to be better than nonunion refs for a lot of reasons that we don't have the time to get into, and, yes, supporting our men and women in un for him, our firefighter, our police officers and our teachers, i would call that patriotism. >> actually i like that term economic patriotism. it's a term mitt romney should be...
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because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low carbon generating power stations and nuclear is one of those solutions. >> thank you very much for joining us today, scott parker on set with us today. >>> a move to raise cash and reduce a debt pile, the spanish telecomgiant says it has not decided what percent of capital it will float, but it does plan a controlling stake in the company. telecom has confirmed it's in discussions to combine with smaller rival metro pcs. deutsche telecom could come a step closer to exiting the market. they moved to call speculation saying significant issues were still outstanding
because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low...
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Oct 2, 2012
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. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for
. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education....
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we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>> we've got to run. we're going to come back shortly. when we come back, we're going to talk baseball and politics after the break. and every day since, we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to ameri
we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>>...
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Sep 27, 2012
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to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the problem is, those reforms are making things worse. it's that whole contradiction is austerity driving growth out of the country, or actually is it creating conditions for investors to get more confidence? and then you get the protests from the people on the street. i'm actually standing on the exact point just outside where parliament is barricaded. you can see behind me just right at that point where over the last two nights, we've seen police charges, plastic bullets being fired as well, protesters getting violent because they're getting very frustrated about the really tough economic conditions which they don't see anything getting better. but i do want to leave this here on a very positive note. and there is one positive thing going on. and that is exports, and that is c
to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the problem is, those reforms are making things worse. it's that whole contradiction is austerity driving growth out of the country, or actually is it creating conditions for investors to get more confidence? and then you...
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Sep 26, 2012
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the answer is not increased government involvement. it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that are improving. we got decent numbers today. the market today aside has obviously been strong for the quarter. you have gas prices coming down. are there policies, will we be hearing about positions that argue they could have done even better than all of those things doing right now? >> well, look, this recovery is the weakest recovery we have seen in modern history. you still have 23 million americans struggling for work. you have 47 million americans on food stamps. the reality is that the obama camp
the answer is not increased government involvement. it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence...
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that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to work plus why he's putting pressure on p&g to get rid of the company's ceo, that interview coming up after the break. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at
that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to...
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the government has been losing jobs. we can argue about the thousands here, 1,000 here, 10,000 there, the economy has been growing at 1.5 to 2%. in the 150, 160,000 range. the better argument for the future would be one where we're arguing over 250 versus 150. >> steve, you know what i find fascinating? it seems as though we just keep shaving the curve a bit when data is doing better several months ago. we were too optimistic. when data started to do reversals of late, maybe we were too pessimistic. we're in the middle zone. 162,000, it might be better than they were expecting. currently on jobses we've averaged a smidgen for the third quarter. i guess in the end the numbers give me confidence because it is a bigger part of the economy. but none of this is to write home about on the recession side. >> my perspective is i'm afraid we're falling off a cliff. the ism numbers don't tell us that. it shows that we're in a modest area and recession is not around the corner. but let's say your test is putting millions back to wo
the government has been losing jobs. we can argue about the thousands here, 1,000 here, 10,000 there, the economy has been growing at 1.5 to 2%. in the 150, 160,000 range. the better argument for the future would be one where we're arguing over 250 versus 150. >> steve, you know what i find fascinating? it seems as though we just keep shaving the curve a bit when data is doing better several months ago. we were too optimistic. when data started to do reversals of late, maybe we were too...
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government and have the same debate on that side. campaigns are about vision. campaigns are about putting forward the direction you want to take the country in and that's what it's about and if we're going to press in on the details let's press in on both of these guys. >> little' leave it there, terry and morris, appreciate it very much. >> thanks so much. >>> i'm going to do the tease. coming up, craig barrett joins us on set, we'll talk tech and he'll tell white house he's voting for come november and why. and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> when we return, we have more of this morn
government and have the same debate on that side. campaigns are about vision. campaigns are about putting forward the direction you want to take the country in and that's what it's about and if we're going to press in on the details let's press in on both of these guys. >> little' leave it there, terry and morris, appreciate it very much. >> thanks so much. >>> i'm going to do the tease. coming up, craig barrett joins us on set, we'll talk tech and he'll tell white house...
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Sep 25, 2012
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government agency counterparts. if they couldn't secure it, you ask the host government. if the host government is incapable, we did fly in additional marines to guard the embassy in tripoli. was there military u.s. personnel available to help secure it? obviously that didn't happen. it's one of those unanswered questions we don't know but what we do know is the consequences of failing to secure the crime scene absolutely will call into question the integrity of the information that's gathered there. >> bob, what does this say to you, that this site was not secured? >> anderson, i think the whole thing's just outrageous. i completely agree with fran. look, that consulate was overrun and we don't even begin to understand what was lost there. we've lost crypto, files, money, personal documents. we don't even know, this administration is not telling us. the fact that the diary was found in the consulate, and the fact that there wasn't -- i've heard that there's a quick reaction force tried to get to the consulate but was attacked at the airport, benghazi airport. this hasn't
government agency counterparts. if they couldn't secure it, you ask the host government. if the host government is incapable, we did fly in additional marines to guard the embassy in tripoli. was there military u.s. personnel available to help secure it? obviously that didn't happen. it's one of those unanswered questions we don't know but what we do know is the consequences of failing to secure the crime scene absolutely will call into question the integrity of the information that's gathered...
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Sep 30, 2012
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that government is an independent government, and it will defend itself. they did not accept this. some furnished weapons. and when clashes start, no one displays any mercy. they kill. the other side kills in return. and it never stops. >> is iran selling weapons to the syrian government? and if it's not selling weapons, are you aware of iranian weapons being given to the syrian government? >> translator: i believe that there are many ahead of a line in supplying weapons. we would never reach our turn. it's quite obvious who those individuals are, who those countries are. >> were you pleased that osama bin laden was killed by american navy s.e.a.l.s on the instruction of president obama? >> translator: i would have been happier to see a transparent trial, a formal trial, and find out the root causes of all of the events of the last few years. >> you have been reported as saying that you believe it is possible that the american government were partly responsible for the events of 9/11. that caused a huge outrage. do you stand by that position? >> translator: of course the whole stak
that government is an independent government, and it will defend itself. they did not accept this. some furnished weapons. and when clashes start, no one displays any mercy. they kill. the other side kills in return. and it never stops. >> is iran selling weapons to the syrian government? and if it's not selling weapons, are you aware of iranian weapons being given to the syrian government? >> translator: i believe that there are many ahead of a line in supplying weapons. we would...
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were the people who put us under sanction or a handful of western governments? which people brought us under sanctions? many of the europeans companies are currently as we speak conducting trade with us. some of them do it in hiding but they do, secretly but they do conduct that trade. you hear some news, and you believe that iran's economy is n in chaos. it is not so. it is not so, let me reassure you. we -- we came from being the 22nd ranked economy in the world to being the 17th largest, and as we speak, this growth of capital and investment in the world continues. of course, we're not fans of sanction bus in anyone thinks sanctions will bring iran to her knees, they are certainly police staken. we have learned to live under these circumstances. we don't like to live like this, but at the owned testify day a handful of european countries and the united states, of course, would like to have relations with them. it would benefit both sides. but without them, we have learned to live quite well. we have been living quite well. we have trade relations with over 18
were the people who put us under sanction or a handful of western governments? which people brought us under sanctions? many of the europeans companies are currently as we speak conducting trade with us. some of them do it in hiding but they do, secretly but they do conduct that trade. you hear some news, and you believe that iran's economy is n in chaos. it is not so. it is not so, let me reassure you. we -- we came from being the 22nd ranked economy in the world to being the 17th largest, and...
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Sep 27, 2012
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when you don't have the ecosystem to deal with this huge issue, add to that the governments that have fallen, the new structures, civil society, all of these issues at the same time, it's not going to be easy. it all takes action. we're taking action. we're starting an initiative called up for unity. it is not just job creation and helping entrepreneurs grow. it is more having ladders of opportunity. that's what opportunity is all about. we are working with partners and the clinton global initiative and we want to tap in to the resources, amazing platforms of partners around the world and create ladders of opportunity. we have an idea like the university which is interesting. >> this is a food university. mind you total utopia. you described it, i won't put the words in your mouth but you want to make farming sexy, don't you? >> i told them we want to make farming cool again. what's happening with farming is the average anch age of farmers is 60. can you imagine that? we are trying to bring cool back to farming through university. we are talking everything from the minute you plant a
when you don't have the ecosystem to deal with this huge issue, add to that the governments that have fallen, the new structures, civil society, all of these issues at the same time, it's not going to be easy. it all takes action. we're taking action. we're starting an initiative called up for unity. it is not just job creation and helping entrepreneurs grow. it is more having ladders of opportunity. that's what opportunity is all about. we are working with partners and the clinton global...
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the path is to recognize the right of the palestinians to self-governance. >> do you believe in a two-state solution? >> translator: about the decision of the people of palestine, i cannot express an opinion. that is their prerogative. >> he certainly didn't suggest he ever wanted a two-state solution to this and i don't think he would be the one you would want to try to muddle through this. you are one of the key people to muddle through this and get some kind of deal. mahmoud abbas from the palestinian authority today was pretty similar to what ahmadinejad said. he said it's a campaign of ethnic cleansing, the palestinian people, by demolition of homes, prevention of construction, denial of services, and so on. the real sense i was getting, netanyahu barely mentioned any kind of peace deal today in his speech with the palestinians, you get a sense that the peace deal has never been further away. am i wrong to feel so pessimistic? >> well, it's understandable, people are pessimistic at the moment. the truth is, though, if we recharge this political process and got it back under way again,
the path is to recognize the right of the palestinians to self-governance. >> do you believe in a two-state solution? >> translator: about the decision of the people of palestine, i cannot express an opinion. that is their prerogative. >> he certainly didn't suggest he ever wanted a two-state solution to this and i don't think he would be the one you would want to try to muddle through this. you are one of the key people to muddle through this and get some kind of deal....
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government to calm any concerns, but think about it. there have been other high-ranking iranian defections to other countries recently and it is a sign that the people there probably are getting nervous in this last year of ahmadinejad's tenure. >> interesting. we'll see what happens. deb feyerick, thanks. >>> the d.c. sniper is speaking out about the shooting spree that gripped the nation's capital and claimed ten lives. tomorrow marks a decade since the start of the attacks. now lee boyd malvo is speaking out about his crime. >> i was a monster. i mean, you look up the definition, that's what a monster is. >>> crazy collision between a skateboarder and a deer during a race in colorado. luckily, no one was hurt. we'll have the story behind this unbelievable video next. you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameri
government to calm any concerns, but think about it. there have been other high-ranking iranian defections to other countries recently and it is a sign that the people there probably are getting nervous in this last year of ahmadinejad's tenure. >> interesting. we'll see what happens. deb feyerick, thanks. >>> the d.c. sniper is speaking out about the shooting spree that gripped the nation's capital and claimed ten lives. tomorrow marks a decade since the start of the attacks....
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government, u.s. intelligence rechs out to this man because he could have some valuable information about the iranian government. he is an insider, an mahmoud ahmadinejad insider. they probably wouldn't bring him to overseas trips if they didn't trust him. so company have some valuable intelligence for the u.s. government. >> i imagine that's quite true because this is somebody who has been right by his side, mahmoud ahmadinejad's side. if he's the photographer i imagine he's seen a lot of what this man does and what mahmoud ahmadinejad is capable of. be very interesting to know what kind of intelligence they get from him. tell us about the family. i under they fled the country. are they in trouble? >> reporter: there are reports that they fled and that's always a concern when it comes to iranian dicy dents, iranians 0 who seek asylum. over the years there's been many photographers, film makers, journalist, artists claiming they have been persecuted and threatened. oftentimes their families are in dan
government, u.s. intelligence rechs out to this man because he could have some valuable information about the iranian government. he is an insider, an mahmoud ahmadinejad insider. they probably wouldn't bring him to overseas trips if they didn't trust him. so company have some valuable intelligence for the u.s. government. >> i imagine that's quite true because this is somebody who has been right by his side, mahmoud ahmadinejad's side. if he's the photographer i imagine he's seen a lot...
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another on the role of government and one on governing leadership and style. it's here tonight starting at 7:00 p.m. eastern. >> i do tell him to have fun and relax and just be himself. >> the first lady and ann romney tell us how they're going to help their husbands through tonight's debate. >> he will find me in the audience to see was that good? was that okay? >> what do you do? >> good. good. >> and if you are keeping score in the debate, we'll tell you five key things to look for. >>> plus, two moments in history when presidential debates made a real difference in who got elected. ♪ but what if there was a simple way to feed those in need? now, there is. shop walmart for select brands' low prices through october 12th and you help secure meals for local families. go to walmart.com/hunger and learn more about how you can join the fight. because hunger is a big problem and it needs a big answer. because hunger is a big problem ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that h
another on the role of government and one on governing leadership and style. it's here tonight starting at 7:00 p.m. eastern. >> i do tell him to have fun and relax and just be himself. >> the first lady and ann romney tell us how they're going to help their husbands through tonight's debate. >> he will find me in the audience to see was that good? was that okay? >> what do you do? >> good. good. >> and if you are keeping score in the debate, we'll tell you...
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Sep 29, 2012
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there is no real government funding. there is no reason for the cause of it. and we are -- my wife, dee, are part of the autism speaks board, but we're going to develop more research, we're going to stand strong to help families in need. there are -- i mean, it's a real crisis. it's a very severe crisis that's affecting all families, from all different backgrounds and all economic situations. >> well, i wish you all the very best for this. an important cause. great to see you, tommy. >> great to see you, piers. and if i may say so, immaculate. tommy hilfiger and we'll be right back. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans,
there is no real government funding. there is no reason for the cause of it. and we are -- my wife, dee, are part of the autism speaks board, but we're going to develop more research, we're going to stand strong to help families in need. there are -- i mean, it's a real crisis. it's a very severe crisis that's affecting all families, from all different backgrounds and all economic situations. >> well, i wish you all the very best for this. an important cause. great to see you, tommy....
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the mexican government has a cooperation agreement with the united states government. there is also, of course, that big overarching issue of whether all of this is connected to fast and furious. we don't know the answer to whether it is. in the case of brian terry, two firearms were located at the scene. and traced back to operation fast and furious. in this case, authorities say no firearms were found at the scene. however, that ivie case is attracting attention on the hill. republican senator charles grassley, the point man in the senate on operation fast and furious, put out a letter stating the obvious saying, there is no way to know at this point how the agent was killed, but because of operation fast and furious, we're going to wonder for years if the guns used in the killing along the border were part of an ill advised gun walking strategy. >> joe johns reporting live for us this morning. >>> stars of the hit '80s movie "the princess bride" are planning a reunion for the 25th anniversary. awesome. showbiz headlines next. ♪ ♪ [ man ] excuse me miss. [ gasps
the mexican government has a cooperation agreement with the united states government. there is also, of course, that big overarching issue of whether all of this is connected to fast and furious. we don't know the answer to whether it is. in the case of brian terry, two firearms were located at the scene. and traced back to operation fast and furious. in this case, authorities say no firearms were found at the scene. however, that ivie case is attracting attention on the hill. republican...
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yesterday led by f kof annan has led a government-led force. but mali received a lot of the arms from the catches in libya that weren't guarded and their in a position to stage attacks into libya, as she said. i don't think we should deplore any aqam here. they probably were involved. they are opportunistic. unfortunately, this consulate was in a rented facility, and my guess is that we will learn that there should have been more security. but there's no such thing as 100% security. and some senior state department aides point out, our soldiers who are very well trained and well armed unfortunately can get killed, so why can't diplomats? i'm not recommending this and i'm horrified, be vulnerable too. >> you do talk about an asymmetrical attack, you talk about all the signs of terrorism, yet the president himself has been very reluctant to use the word "terrorism." republicans have been very critical about the fact that he hasn't really seemed to use it at all. he was asked directly about this on "the view." let's listen to what he said there. >
yesterday led by f kof annan has led a government-led force. but mali received a lot of the arms from the catches in libya that weren't guarded and their in a position to stage attacks into libya, as she said. i don't think we should deplore any aqam here. they probably were involved. they are opportunistic. unfortunately, this consulate was in a rented facility, and my guess is that we will learn that there should have been more security. but there's no such thing as 100% security. and some...
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our government tells us that they want us there. they don't. there is so much more involved that i know, it is not even -- i don't even want to get into it now with you, but it will all come out soon enough. but the end of the day, my justice is to another parent wouldn't feel the heartache that i feel. i'm done inside. they tore my whole heart out. i have a hard time going to bed. i think about him every day, every minute, his brothers kill me when i look at them because they're hurt, his mom is hurt so bad. but they didn't just take my son. they destroyed my family. and i don't want other families to feel the pain i'm feeling. i don't want to see another family out there see their son being brought back on a plane and being rolled off a plane in a box with an american flag around it. but you know what, it was our government that dropped the ball and they won't admit it. this boy should have been protected inside a military base. we're training people and my son said, dad, we're training people that are going to turn the weapons on us and kill
our government tells us that they want us there. they don't. there is so much more involved that i know, it is not even -- i don't even want to get into it now with you, but it will all come out soon enough. but the end of the day, my justice is to another parent wouldn't feel the heartache that i feel. i'm done inside. they tore my whole heart out. i have a hard time going to bed. i think about him every day, every minute, his brothers kill me when i look at them because they're hurt, his mom...
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and what's so fascinating also is that the federal government has really stepped up to its game in how they deal with this. just this week at the clinton global initiative, president obama talked about human trafficking, the fbi has put together a task force to deal with this. there are a record number of federal prosecutions taking place all across the country. traffickers are being given much steeper sentences. really what the federal government is trying to do, they're trying to tamp down on this problem before it gets so explosive that they just can't even dream of putting it back in the bottle. that's going to be a difficult challenge. >> thank you very much. it's a difficult topic but needs to be discussed. people need to know about this. appreciate. it next weekend, you will hear from some of the women who as young girls were sold for sex. take a listen. >> by a show of hands, how many of you were raped? how many of you have scars because of what you went through, physical scars? emotional scars? how many? how long does it take to heal? >> you may never -- you may never heal. >>
and what's so fascinating also is that the federal government has really stepped up to its game in how they deal with this. just this week at the clinton global initiative, president obama talked about human trafficking, the fbi has put together a task force to deal with this. there are a record number of federal prosecutions taking place all across the country. traffickers are being given much steeper sentences. really what the federal government is trying to do, they're trying to tamp down on...
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for the federal government, he doesn't have a lot of details. people with pre-existing conditions, how do they get insurance? he hasn't laid that out in full detail. >> what about medicare? medicare comes up tonight. where do they stand there? >> it has come up so many times. romney will say, obama is cutting medicare, that's for seniors, which obama denies. it is interesting because they have been saying this for months. let's look at the newest cnn orc poll. this is a really recent poll, obama, the question was asked who would better handle medicare. 52% said obama and 44% romney. that's a big difference. interesting to see if that changes after the debate. >> as we mentioned, these are 15-minute topical chunks, health care getting an entire solid chunk. after they answer the initial questions, that's a lot of time. >> that's right. that's really unusual. and it shows you how important health care is in this particular election. >> it affects every single one of us. elizabeth cohen, thank you very much. >> and now this, breaking news here, bre
for the federal government, he doesn't have a lot of details. people with pre-existing conditions, how do they get insurance? he hasn't laid that out in full detail. >> what about medicare? medicare comes up tonight. where do they stand there? >> it has come up so many times. romney will say, obama is cutting medicare, that's for seniors, which obama denies. it is interesting because they have been saying this for months. let's look at the newest cnn orc poll. this is a really...
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it costs money for the federal government and state government. the romney plan, we've been dissecting it, turns medicaid into a block program and let the states decide and ultimately, there's less dollars going into the program. >> since seniors are a large portion of the recipients of medicaid, what happens to them? how are they affected? >> interesting, as a physician i've been looking it a. medicare for catherines and medicaid for people impoverished or have disabilities. 6 million seniors get medicaid as well called dually eligible. the area that impacts them the most is probably long term and nursing homecare. medicare covers a lot of things. one of the things it falls shorter is in that nursing homecare. if you're a senior that falls within that poverty guideline and you need nursing homecare, medicaid is often where that source of money comes from. i think those people will be affected the most. >> sanjay gupta, thanks. >>> next more in-depth look at the candidates' plans on sanjay gupta md. >>> and the refs back getting rock star treatmen
it costs money for the federal government and state government. the romney plan, we've been dissecting it, turns medicaid into a block program and let the states decide and ultimately, there's less dollars going into the program. >> since seniors are a large portion of the recipients of medicaid, what happens to them? how are they affected? >> interesting, as a physician i've been looking it a. medicare for catherines and medicaid for people impoverished or have disabilities. 6...
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. >>> plus -- >> american express in hot water with the government because of deceptive lending practices. customers could be in line for refund checks for hundreds of dollars. should beer you be getting some cash? find out. newsroom starts now. >>> we start with breaking news this morning. two u.s. border patrol agents have been shot in southern arizona and we have now learned that one of those agents has died from his gunshot wounds. the fbi and cochise sheriff's office, near the area where border patrol agent involved in that fast and furious program was shot and killed, brian terry. we'll have much more on this story, much more information in the next two hours of newsroom. >>> also this morning, it sounds like something out of a nightmare. imagine being on a plane and having your seat detach from the floor mid flight. it's happened at least twice in the past two weeks. >> we don't want that thing flying around with passengers behind them. >> last night a flight had to return. and emergency landing at jfk in new york after three seats detached from the floor during the flight. the pla
. >>> plus -- >> american express in hot water with the government because of deceptive lending practices. customers could be in line for refund checks for hundreds of dollars. should beer you be getting some cash? find out. newsroom starts now. >>> we start with breaking news this morning. two u.s. border patrol agents have been shot in southern arizona and we have now learned that one of those agents has died from his gunshot wounds. the fbi and cochise sheriff's...
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it was the first big country where the government had to start tightening its belt. having people work longer, have fewer government services and pay more taxes so that it could get big, big bailouts from the european union. and you can see the people, this is what people feel or do when they're told they have to live on less, and work longer for less. >> it is why these governments are in such a bind, because the central banks and the european community and germany telling the countries you have to crack down on your excess budget, your excess spending, but the people, the population says huh-uh and they're obviously taking to the streets right now. >> that's in greece. we're also watching what's happening in spain overnight. >> we'll keep you updated on that. also ahead on "starting point," it's a case of underage college drinking taken to the extreme. and now, a fraternity is suspended. why this particular kind of partying is really raising the alarms. we'll have a live report. we are all reflections of the people who came before us. the good they did inspires us,
it was the first big country where the government had to start tightening its belt. having people work longer, have fewer government services and pay more taxes so that it could get big, big bailouts from the european union. and you can see the people, this is what people feel or do when they're told they have to live on less, and work longer for less. >> it is why these governments are in such a bind, because the central banks and the european community and germany telling the countries...
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some people criticize the service and see it too much of a mix of religion and government. >>> police in middle, tennessee, have a real mystery on their hand. they're searching for a 9-year-old girl and her 7-year-old half brother. they were thought to have sdid in a house fire that killed their grandparents. investigators have found no sign of the children. here is the urgent part, the house fire happened a week ago. the kids have simply vanished. >>> not something you see every day in texas. rescue crews helped stranded drivers after flooding. the past three days brought more rain than texas received all of last year when it suffered through one of its worst droughts in history. today's storms moved east into parts of louisiana and mississippi. they're expected to continue on that path for the next 48 hours. >>> a powerful typhoon is headed for tokyo after smacking the island of okinawa this weekend. typhoon jelawat is expected to hit tokyo tonight. officials are warning people in tokyo to stay inside. at least 145 people were injured in okinawa and other parts of japan. tens of tho
some people criticize the service and see it too much of a mix of religion and government. >>> police in middle, tennessee, have a real mystery on their hand. they're searching for a 9-year-old girl and her 7-year-old half brother. they were thought to have sdid in a house fire that killed their grandparents. investigators have found no sign of the children. here is the urgent part, the house fire happened a week ago. the kids have simply vanished. >>> not something you see...
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i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we -- >> and mr. obama will be on the road through wednesday's first presidential debate. mitt romney heads to colorado tomorrow, where he'll hold a rally, and continue his preparations for wednesday's showdown in denver. he went to church this morning outside boston, but held no public events over the weekend. >>> in iraq, at least 30 people were killed today in a wave of bombings. some explosions hit in or near baghdad. it is the deadliest day in iraq in nearly a month. shiite muslim communities appear to be the main targets of the attacks. >>> a christian pakistani girl accused of desecrating the koran is set to be cleared of all charges. tom
i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we -- >> and mr. obama will be on the road...
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we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp. we're working to fuel america for generations to come. today, our commitment to the gulf, and to america, has never been stronger. >>> all right, our legal guys are straight ahead. and they will tackle a case that will have all of us re-thinking when you post a photo on your facebook or blog, or anything like that -- richard, where is this case going? >> well, poster, beware, if you put a photo out on the internet, who owns it? if somebody misuses it, what are your rights? what can you do? >> and avery? >> well, isn't it amazing that an anti-gay group stole a picture of a couple, or at least a
we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp....
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but what i see now is a government in baghdad increasingly aligned with a government in tehran. it's almost a nightmare scenario for the u.s. but tell me if you see that same nightmare scenario unfolding. >> i have a slightly different view. i think it's too much of a caricature to say that prime minister malaqi is a puppet. he is sensitive to iranian interests. he's conducting a bit of an independent policy, particularly in syria, wsh he appears to have concluded that the fall of bashar assad cuts against his own interests. so he is increasingly out of sorts with american policy in syria. which is an unfortunate outcome particularly after all that sacrifice. >> the u.s. has limited influence in iraq right now, but the hus has a huge embassy in baghdad with a limited amount of influence. the question we pose in the book is did it have to be that way. >> and what's the answer? >> the answer is no. the answer is that it certainly there are a lot of nationalist pressures in iraq and it would have been difficult to negotiate to keep maybe 5 thousand troops but the way the administra
but what i see now is a government in baghdad increasingly aligned with a government in tehran. it's almost a nightmare scenario for the u.s. but tell me if you see that same nightmare scenario unfolding. >> i have a slightly different view. i think it's too much of a caricature to say that prime minister malaqi is a puppet. he is sensitive to iranian interests. he's conducting a bit of an independent policy, particularly in syria, wsh he appears to have concluded that the fall of bashar...